Note: Rebate u/s 87A is added from Finance Act 2013, in which resident individuals are allowed rebate (if their taxable income does not exceed Rs. 5 lakh) equal to 100% of income tax or Rs. 5000 whichever less.

Note: Rebate u/s 87A is added from Finance Act 2013, in which resident individuals are allowed rebate (if their taxable income does not exceed Rs. 5 lakh) equal to 100% of income tax or Rs. 2000 whichever less.

Income tax : 30%.Surcharge :12% of the Income Tax, where total taxable income is more than Rs. 1 crore.Education Cess : 2% on income-tax plus surchargeSecondary and Higher Education cess : 1% on income-tax plus surcharge

Income tax : 30%.Surcharge :12% of the Income Tax, where total taxable income is more than Rs. 1 crore.Education Cess : 2% on income-tax plus surchargeSecondary and Higher Education cess : 1% on income-tax plus surcharge

2% if the taxable income exceeds Rs. 1 crore & 5% if the taxable income exceeds 10 crores

Education Cess :

2% on income-tax plus surcharge

Secondary and Higher Education cess :

1% on income-tax plus surcharge

(B) Foreign Companies

Income tax :

40% (in general )

Surcharge :

2% if the taxable income exceeds Rs. 1 crore & 5% if the taxable income exceeds 10 crores

Education Cess :

2% on income-tax plus surcharge

Secondary and Higher Education cess :

1% on income-tax plus surcharge

Cooperative Societies

Cooperative Societies

Upto Rs. 10,000

10%

Rs. 10,001 to Rs. 20,000

20%

Rs. 20,001 to Above

30%

Upto Rs. 10,000

10%

Rs. 10,001 to Rs. 20,000

20%

Rs. 20,001 to Above

30%

Surcharge :12% of the Income Tax, where total taxable income is more than Rs. 1 crore. Education Cess : 2% on income-tax.Secondary And Higher EducationCess : 1% on income tax plus surcharge

Surcharge :12% of the Income Tax, where total taxable income is more than Rs. 1 crore. Education Cess : 2% on income-tax.Secondary And Higher EducationCess : 1% on income tax plus surcharge

Local Authorities

Local Authorities

Income tax : 30%.Surcharge :12% of the Income Tax, where total taxable income is more than Rs. 1 crore Education Cess : 2% on income-tax plus surcharge.Secondary and Higher Education cess : 1% on income-tax plus surcharge

Income tax : 30%.Surcharge :12% of the Income Tax, where total taxable income is more than Rs. 1 crore Education Cess : 2% on income-tax plus surcharge.Secondary and Higher Education cess : 1% on income-tax plus surcharge